‘Tis the season to watch out for W-2 phishing scams

Earlier this month, the IRS sent out an urgent alert warning to employers that this W-2 phishing scam had spread beyond the corporate world to other sectors, including school districts, tribal organizations and nonprofits.

According to the IRS, this scam first appeared last year but is now circulating earlier in the tax season, and is hitting a wider variety of organizations.

When a company falls victim, the costs might not be limited to just paying for some identity theft protection and warning employees to file their taxes early to make sure that they’re the ones who get their tax refunds.